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South Bend Redevelopment Commission Regular Meeting — October 25, 2011 Mr. Relos noted that on July 26, 2011, the Commission approved a project budget of $565,000 for the Century Center Island Pavilion and drainage system. On October 20, 2011, bids were opened, with a low bid of $659,940 for the project. The increased cost of the project could be attributed to the uncertainty of what lays below the island, where the supports for the pavilion have to go. Those engineering aspects are currently reviewed and could possibly be altered. Staff asks that the additional $94,940 for the project be approved to allow the pavilion support system to be installed yet this year. Staff sees this as an upper limit and if the project can be engineered for less then that that would be great. By approving this today, it would allow the Board of Public Works to approve the low bid, get the underground support system done this year so early next spring the pavilion itself can be constructed, in time for spring events. Mr. Downes questioned whether the cost could be less then that. Mr. Lamie, ADG, responded yes. Mr. Lamie went on to say the biggest cost component of the original approval was the tinsel membrane structure. It remains that. We were able to find out that the costs the bidders will receive will remain as estimated. The cost that went up was the cost of the sub grade excavation and the repair work (concrete, curb replacement). Mr. Varner asked if the cost will perhaps exceed $659,940. Mr. Relos replied no. Mr. Downes asked if the project can be re- engineered more conservatively, is it reasonable to expect the excavation costs will go down. Mr. Lamie says that is expected. Upon a motion by Ms. King, seconded by Mr. Downes and unanimously carried, the Commission approved additional funding in the amount of $94,940 for the Century Center Island Pavilion. 6. NEW BUSINESS 4 COMMISSION APPROVED ADDITIONAL FUNDING IN THE AMOUNT OF $94,940 FOR THE CENTURY CENTER ISLAND PAVILION.